The Cheapest Generation: Millennials Driving a New Share Economy, Not Cars | Communications Major | Scoop.it
From www.theatlantic.com - May 21, 2013 5:16 PM

Smartphones are keepiing people under 30 connected in a way that owning a car used to. And as such, smartphones compete against cars for young people’s big-ticket dollars, since the cost of a good phone and data plan can exceed $1,000 a year.